Hi: I am trying to choose between full tuition scholarship at St. Johns University vs. $25,000 tuition scholarship at Boston University. I already have $22,000 debt from undergraduate, need to borrow about $60,000 debt for expenses over the next 3 yrs. So, this is hefty debt to graduate with, especially in this economy, and it scares me! St. John's, I'll owe about $82,000; Boston University I'll owe $about $127,000. (PS: I live in New York and probably will want to work in New York).
Thanks! Those were very helpful points. If I choose St. Johns, then I will make sure I don't lose that scholarship because it is contingent upon staying in the top half of the class. As for Boston, you only need to remain in good academic standing. Since I really do not want to be forced to take a corporate job when I graduate because I don't think that's where my interest lie, I really think for me St. John's no tuition deal is the best idea because of the flexibility I'll have upon graduation with less debt. But, still, I am torn because BU is a much better school than St. John's, so I'm wondering whether the $45,000 extra debt is justified, taking into account my non-corporate career choice, most likely. But, this choice of which school I attend will follow me the reest of my life!
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